Gatecoin Exchange Hacked for $2 Million
Summary
On May 09, 2016, cryptocurrency exchange Gatecoin was hacked, resulting in the theft of approximately $2 million in cryptocurrencies. Hackers gained access to the exchange’s hot wallets and stole funds.
Attackers
The identity of the hackers who carried out the attack on Gatecoin is unknown.
BTC Wallet:
ETH Wallets:
- 0x04786aada9deea2150deab7b3b8911c309f5ed90
- 0xc062dceed93087c9112ff7b02d53e928e49cec09
- 0x1342a001544b8b7ae4a5d374e33114c66d78bd5f
- 0xd4914762f9bd566bd0882b71af5439c0476d2ff6
Losses
Gatecoin estimated the losses from the hack to be approximately $2 million. The stolen assets included:
- 185,000 ETH
- 250 BTC
Timeline
- May 09, 2016, 6:14 PM +UTC: Hacker makes a malicious transaction.
- May 14, 2016: Gatecoin reported the hack of its hot wallets and started an investigation.